Mukesh Ambani discusses Reliance’s leadership change
Reliance now has three verticals: the energy business, which includes oil refineries in Jamnagar, Gujarat. As well as petrochemical plants and new energy factories; the retail industry, which provides for physical stores and an online e-commerce unit in JioMart; and the telecom and digital business, which is house in Jio.
On Tuesday, Mukesh Ambani, India’s richest man, mentioned leadership transition at his energy-to-retail conglomerate. Telling he wants the method to be accelerate with seniors, including himself, yielding to the younger generation. Ambani, 64, who has previously avoided discussing succession plans at Reliance. Said the company is “now in the process of causing the momentous leadership transition.”
Ambani is the father of three children: twins Akash and Isha, and Anant.
Speaking at the Reliance Family Day, which commemorates the birth anniversary of the group’s founder Dhirubhai Ambani. He stated that Reliance Industries Ltd would become one of the world’s most substantial and most reputed Indian multinational corporations in the coming years, propelled by forays into the clean also green energy sector. As well as retail or telecom business reaching unprecedented heights.
“Achieving big dreams and seemingly impossible goals is all about finding the right people and leaders. Reliance is currently undergoing a historic leadership transition… from seniors of my generation to the next generation of young leaders, “He stated.
And he would like this process “to be accelerate.” Reliance now has three verticals: the energy business. Which includes oil refineries in Jamnagar, Gujarat, as well as petrochemical plants and new energy factories; the retail industry, which provides for physical stores and an online e-commerce unit in JioMart; and the telecom and digital business, which is housed in Jio.
Ambani stated that Reliance must create an organizational culture that outlasts its leaders.
“I do not doubt that Akash, Isha, or Anant, as Reliance’s next-generation leaders. Will lead the company to even greater heights.”
He saw in them “the same spark or potential” that his father and the legendary industrialist had “for making a contrast in millions of lives also contributing to India’s growth.”
